5,565 Shares in Allison Transmission Holdings, Inc. $ALSN Purchased by Fox Run Management L.L.C.

Key Points

• Fox Run Management L.L.C. has acquired a new stake in Allison Transmission Holdings, Inc., purchasing 5,565 shares valued at approximately $532,000 during the first quarter.
• Allison Transmission recently reported $2.29 earnings per share for the last quarter, exceeding analyst expectations and showcasing a net margin of 23.81%.
• The company announced a quarterly dividend of $0.27 per share, with a dividend yield of 1.2%, set to be paid on August 29th.

Fox Run Management L.L.C. bought a new stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,565 shares of the auto parts company's stock, valued at approximately $532,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ALSN. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Allison Transmission by 4,877.2% during the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 444,518 shares of the auto parts company's stock valued at $48,035,000 after buying an additional 435,587 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of Allison Transmission by 19.0% during the 1st quarter. Federated Hermes Inc. now owns 1,138,259 shares of the auto parts company's stock valued at $108,897,000 after buying an additional 181,568 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Allison Transmission by 10,402.1% during the 1st quarter. GAMMA Investing LLC now owns 148,289 shares of the auto parts company's stock valued at $14,187,000 after buying an additional 146,877 shares in the last quarter. Jennison Associates LLC lifted its position in shares of Allison Transmission by 26.4% during the 1st quarter. Jennison Associates LLC now owns 640,217 shares of the auto parts company's stock valued at $61,250,000 after buying an additional 133,635 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Allison Transmission during the 4th quarter valued at approximately $13,550,000. Hedge funds and other institutional investors own 96.90% of the company's stock.

Allison Transmission Trading Up 3.2%

Shares of NYSE ALSN traded up $2.7270 during trading on Friday, hitting $89.1770. 706,329 shares of the company were exchanged, compared to its average volume of 1,036,954. Allison Transmission Holdings, Inc. has a 12-month low of $80.39 and a 12-month high of $122.53. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.64 and a current ratio of 3.36. The company has a fifty day moving average price of $90.71 and a 200-day moving average price of $95.73. The firm has a market capitalization of $7.46 billion, a PE ratio of 10.13 and a beta of 0.97.

Allison Transmission (NYSE:ALSN - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The auto parts company reported $2.29 EPS for the quarter, topping the consensus estimate of $2.20 by $0.09. Allison Transmission had a return on equity of 45.56% and a net margin of 23.81%.The business had revenue of $814.00 million for the quarter, compared to analyst estimates of $811.05 million. During the same quarter in the previous year, the firm earned $2.13 EPS. The company's quarterly revenue was down .2% compared to the same quarter last year. Allison Transmission has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current year.

Allison Transmission Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Wednesday, August 20th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, August 20th. Allison Transmission's dividend payout ratio (DPR) is presently 12.27%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ALSN. The Goldman Sachs Group increased their target price on Allison Transmission from $80.00 to $90.00 and gave the company a "sell" rating in a research report on Tuesday, May 27th. Wall Street Zen lowered Allison Transmission from a "buy" rating to a "hold" rating in a report on Sunday, June 22nd. Citigroup decreased their price objective on Allison Transmission from $105.00 to $100.00 and set a "neutral" rating on the stock in a report on Tuesday, June 24th. Bank of America raised their price objective on Allison Transmission from $74.00 to $79.00 and gave the company an "underperform" rating in a report on Monday, June 16th. Finally, Morgan Stanley raised their price objective on Allison Transmission from $94.00 to $100.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average price target of $98.38.

Allison Transmission Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.